Skip to main content

RF Micro Devices Tumbles 41.3% on Forecast

  • Author:
  • Publish date:

Specialty chipmaker

RF Micro Devices


fell 41.3% in preopen


trading after it said lower-than-anticipated orders in the second quarter would hurt third-quarter revenue.

As a result, the company expects third-quarter earnings per share of 4 to 5 cents. The current

First Call/Thomson Financial

consensus is 11 cents.